Oilseed Farming in the US - Industry Market Research Report
Description
Oilseed Farming in the US
The Oilseed Farming industry produces mainly canola, sunflower and flaxseed, and is small compared with other agriculture sector industries. This causes industry conditions to fluctuate significantly in line with changes in the US agricultural sector at large, based on both global and domestic supply conditions. Industry revenue also generally moves in line with changes in the price of oilseeds. Many US farmers can choose to grow other crops, such as corn or soybeans, in any given year depending on expected yields and price, causing drastic fluctuations in the planted acreage and harvests of oilseeds. As a result, industry revenue has fluctuated in recent years, largely in line with movements in the price of oilseeds. Overall, industry revenue has grown at an expected CAGR of 12.6% to reach $2.1 billion in 2023, when revenue is set to rise 0.1%.
Farmers in this industry grow a variety of oilseeds, including canola seeds, sunflower seeds, flaxseeds, safflower seeds and mustard seeds. Soybeans (IBISWorld report 11111), cottonseeds and peanuts are not included in this industry report.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Oilseed Farming industry produces mainly canola, sunflower and flaxseed, and is small compared with other agriculture sector industries. This causes industry conditions to fluctuate significantly in line with changes in the US agricultural sector at large, based on both global and domestic supply conditions. Industry revenue also generally moves in line with changes in the price of oilseeds. Many US farmers can choose to grow other crops, such as corn or soybeans, in any given year depending on expected yields and price, causing drastic fluctuations in the planted acreage and harvests of oilseeds. As a result, industry revenue has fluctuated in recent years, largely in line with movements in the price of oilseeds. Overall, industry revenue has grown at an expected CAGR of 12.6% to reach $2.1 billion in 2023, when revenue is set to rise 0.1%.
Farmers in this industry grow a variety of oilseeds, including canola seeds, sunflower seeds, flaxseeds, safflower seeds and mustard seeds. Soybeans (IBISWorld report 11111), cottonseeds and peanuts are not included in this industry report.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
43 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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